Rates & Fees
Looking for the best way to grow your money? With competitive CD rates and savings account rates, you can rest assured that your money is in good hands
Certificates of Deposit
Effective as of 9/23/2023
Rates Maturity | Interest Rate | APY* |
---|---|---|
6 Month CD | 1.60% | 1.61% |
9 Month CD Special - initial deposit under $100,000 | 4.00% | 4.07% |
9 Month CD Special - initial deposit over $100,000 | 4.15% | 4.23% |
12 Month CD | 2.20% | 2.22% |
18 Month CD | 2.40% | 2.43% |
24 Month CD BUMP UP** | 4.41% | 4.50% |
30 Month CD | 3.00% | 3.04% |
36 Month CD | 3.69% | 3.75% |
48 Month CD Special - initial deposit under $100,000 | 4.17% | 4.25% |
48 Month CD Special - initial deposit over $100,000 | 4.41% | 4.50% |
60 Month CD | 3.69% | 3.75% |
84 Month CD | 3.00% | 3.04% |
Interest rates are subject to change without notice. Substantial penalty for early withdrawal. Minimum deposit of $500 is required to open a CD. Fees may reduce earnings.
*Annual Percentage Yield.
**If we offer a higher interest rate on a 24 Month CD during the term of your CD, you have a one-time option to increase your rate to match the newest rate without a penalty! The one-time option can be communicated by phone, in writing or in person by any of the owner(s) of the CD. Executing a rate bump will not extend your Certificate’s maturity date. You are permitted to have only one interest rate increase (bump up) for the initial term. Subsequent renewals of this Certificate will not have this feature.
Savings Accounts
Effective as of 9/23/2023
Mainely Preferred Savings Account | Interest Rate | APY* |
---|---|---|
Less than $25,000 | 0.50% | 0.50% |
At least $25,000 but less than $50,000 | 0.80% | 0.80% |
At least $50,000 but less than $100,000 | 1.00% | 1.00% |
At least $100,000 but less than $250,000 | 1.44% | 1.45% |
At least $250,000 but less than $500,000 | 1.79% | 1.80% |
At least $500,000 but less than $750,000 | 2.57% | 2.60% |
$750,000 or more | 2.81% | 2.85% |
Fees may reduce earnings on these Savings Accounts. Rates are subject to change after account opening.
*Annual Percentage Yield.
Youth Savings Account
Effective as of 9/23/2023
Balances** | Interest Rate | APY * |
---|---|---|
$0 to $5,000.99 | 1.50% | 1.51% |
$5,001.00 or more | 0.50% | 0.50% |
Fees may reduce earnings on these savings accounts.
Rates are subject to change after account opening.
*Annual Percentage Yield.
**Annual percentage yield for this tier will range from 0.50% to 1.51% depending on the balance in the account.
Checking Accounts
Effective as of 9/23/2023
Account | Interest Rate | APY* |
---|---|---|
Mainely Now Account | 0.20% | 0.20% |
Fees may reduce earnings on this account. Rates are subject to change after account opening.
*Annual Percentage Yield.
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